Mobile tracking, big data analytics, smart inventory management, IoT, robotics, drones are among the most prominent technological innovations
SANTA CLARA, California, Feb. 27, 2018 /PRNewswire/ -- Frost & Sullivan's recent analysis, Transportation and Logistics Market Insights—The United States, finds that distribution and e-commerce facilities need new technologies to keep up with the fast-paced demand while maintaining inventory balance. With regards to the growing pressure on road transportation, the Freight Development Plans by the Department of Transportation are expected to focus on the development of a multimodal freight network to improve the efficiency of the transportation system.
"Limited availability and high land prices are making urban facilities more expensive while neighboring submarkets are becoming more land-constrained in many top markets," explained Debanjali Sen, Mobility Research Analyst at Frost & Sullivan. "The cost and difficulty of widening highways in urban areas have provoked discussions about alternative measures for moderating congestion. One of the alternatives encouraged by the Department of Transportation is a diversion of truck freight to rail and water modes."
For further information on this analysis, please visit: http://frost.ly/297.
Additional highlights include:
"Opportunities exist for advances in robotics, automation, and sensor technology, which are expected to provide more efficient and comprehensive inspections and asset-management programs, resulting in improved reliability, safety, and longevity of infrastructure. Several end-user verticals, especially retail (general merchandise, clothing, grocery), fast-moving consumer goods (FMCG), are using third-party logistics services to maintain focus on the core business, and this provides another growth opportunity," concluded Sen.
Transportation and Logistics Market Insights—The United States is part of Frost & Sullivan's global Mobility Growth Partnership Services Program.
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Transportation and Logistics Market Insights—The United States
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